Will it really be more expensive to charge an electric car than to refuel?

Will it really be more expensive to charge an electric car than to refuel?

After the government’s announcement last week, everyone is counting.

Last week, the Hungarian government announced that, despite their campaign promises, a drastic energy price increase is coming, to such an extent that even the tariffs that have been kept artificially low for the past 9 years, i.e. the reduction in utilities will have to be touched upon .This created an interesting situation in Hungary, perhaps not seen anywhere else in the world, which means that

from the first of August it may be more expensive to drive an electric car than a petrol one. You can almost hear the electric car skeptics shouting at the same time: didn’t we tell you that the electric car is a DEAD STREET?!?Egyelőre azért még ne kezdjük temetni az elektromos autókat (Fotó: Utah.gov)Let’s not start burying electric cars just yet (Photo: Utah.gov) Before they sit back in satisfaction, it is worth looking around this situation a little so that you can clearly see why this could happen in 2022. On November 15 last year, the government set the maximum price per liter of 95 gasoline and diesel at HUF 480. In other words, not following market trends, they simply froze the price of fuel – thus putting gas station operators in a difficult situation. At the moment of writing this article, it is currently the cheapest place to fill up in Europe in Hungary, while according to Cargopedia it is the most expensive in Iceland, where one liter you have to pay almost HUF 992 for petrol. The island country is followed by Denmark and Greece with a low price of HUF 946 per liter. In Slovenia, which borders Hungary, the market price of gasoline is HUF 696, in Serbia HUF 705, and in Slovakia HUF 770. Meanwhile, according to last week’s announcement, a significant increase in electricity and gas is expected – despite the fact that the government continuously claimed during its election campaign that such a thing would not happen. After the first information, feverish calculations began, according to the worst scenarios, a 10-13 times increase can be expected, according to which the will be able to fly easily electricity bills of fifty thousand . 24.hu published an article on Friday last week, according to which electric will be more expensive in August car transport, as if filling up with petrol. The article, referring to the German website spritmonitor.de, calculates that the average consumption of an electric car per 100 kilometers is about 17.17 kilowatt hours. This amount of electricity currently costs 633 forints, i.e. 6.3 forints per kilometer, while from the last month of the summer – at the market price – you have to pay 41.5 forints per kilometer, i.e. it costs 4155 forints to travel a distance of 100 kilometers.

    There are several ways to charge electric cars (Photo: Maryland.gov)Compared to this, the same trip with an average gasoline car, which consumes 8 liters per 100 kilometers, costs HUF 3,840, i.e. HUF 38.4 per kilometer. It is immediately apparent that temporarily can really be more expensive the operation of electric cars, however, it is extremely important that a number of factors should be taken into account before someone slaps their knees and starts burying the electric drive. These are the following:

    • In Hungary, drivers with internal combustion engines can currently refuel at artificially fixed fuel prices
    • The petrol price freeze is an apparent measure, while Hungarian motorists can enjoy cheap fuel, several gas stations have already closed as a result of the government’s measures – this of course, motorists are not interested, but they are, when at a gas station they are entitled to discounted prices only by presenting their vehicle, while in many places only a limited amount of “reduced overhead” gasoline can be refueled.
  • As we wrote in our analysis article last week, there is a lot for now the question mark regarding the energy price increase, because during the government information so far, only rough figures have been provided, and no guidelines have been given for what consumers can expect in practice OK.
  • Without the petrol price cap, a liter of 95 fuel would cost HUF 767 at the current market price, i.e. driving 100 kilometers with an average fuel consumption car would cost HUF 6,136, or HUF 61.3 per kilometer.
  • According to the government’s latest announcement, October 1 has extended the price cap on fuel until In other words, yes, from August it will temporarily be more expensive to charge electric cars than to refuel gasoline or diesel cars, but this is only a temporary state, the development of which requires artificial processes that are not used anywhere else in Europe, and sham measures similar to the gasoline price freeze. It should not be forgotten that electric cars can also be charged from renewable energy sources – at hvg.hu according to the information of about half of domestic electric car drivers, for example, they charge their cars from a solar panel at home, but for the time being there are still shops and office buildings that offer free charging, so for the time being electric car drivers who have fallen on their feet still have the opportunity to “exercise” the higher energy prices. We have more to tell you, you can find all the interesting things here!
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